B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) Short Interest Down 67.1% in May

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 (NASDAQ:RILYG) was the target of a large decline in short interest in May. As of May 29th, there was short interest totaling 4,289 shares, a decline of 67.1% from the May 14th total of 13,025 shares. Based on an average daily volume of 12,494 shares, the short-interest ratio is currently 0.3 days.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Trading Down 0.1%

NASDAQ RILYG traded down $0.02 on Friday, reaching $24.29. 8,488 shares of the stock traded hands, compared to its average volume of 28,504. The company has a fifty day moving average price of $23.95 and a 200-day moving average price of $22.17. B. Riley Financial, Inc. 5.00% Senior Notes due 2026 has a 12 month low of $10.99 and a 12 month high of $24.75.

B. Riley Financial, Inc. 5.00% Senior Notes due 2026 Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be given a dividend of $0.3125 per share. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a $1.25 dividend on an annualized basis and a yield of 5.1%.

About B. Riley Financial, Inc. 5.00% Senior Notes due 2026

The B. Riley Financial, Inc 5.00% Senior Notes due 2026 are unsecured senior notes issued by B. Riley Financial, Inc, a diversified financial services holding company. The notes bear interest at a fixed rate of 5.00% per annum, payable semi-annually in arrears, and are scheduled to mature on September 15, 2026. As senior obligations, they rank equally with all of the company’s existing and future senior unsecured debt and are guaranteed by certain of its domestic subsidiaries.

B. Riley Financial, Inc provides a broad range of advisory and financing services to corporate and individual clients.